On the morning of February 27, Mr. Hoang Minh Cuong, Vice Chairman of the City People's Committee, convened a meeting with the delegation from the Singapore Business Development Agency, headed by Mr. Kow Juan Tiang, the Chief Executive Officer of the aforementioned agency from Southeast Asia.
During the meeting, Mr. Hoang Minh Cuong provided a brief overview of the city's developmental status. Hai Phong shines as a prime destination for Foreign Direct Investment (FDI) and consistently holds a leading position nationwide. Presently, the city boasts 74 investment initiatives from Singaporean stakeholders, amounting to a cumulative investment exceeding 3.1 billion USD, with over 2.9 billion USD specifically allocated to industrial parks and economic zones.
The Managing Director of the Singapore Enterprise Development Agency in Southeast Asia, Mr. Kow Juan Tiang, expressed gratitude to the Vice Chairman of the City People's Committee for the valuable insights shared. He also commended Hai Phong for its remarkable progress, particularly in the areas of infrastructure and transportation. Given the commonalities in policies and development strategies, Mr. Kow Juan Tiang looks forward to engaging in detailed discussions